Pivot (invalidation): 1272.00
Our preference Long positions above 1272.00 with targets at 1277.50 & 1279.50 in extension.
Alternative scenario Below 1272.00 look for further downside with 1269.50 & 1267.50 as targets.
Comment The RSI lacks downward momentum.
![](https://www.actionforex.com/wp-content/uploads/2019/05/21-36-600x392.jpg)